Vendor Payments

Accountants and controllers use Vendor Payments to manage bill settlements efficiently. The outbox provides flexibility for handling diverse payment types (different banks, currencies) and integrating with aging reports, streamlining the accounts payable process.

• Payment requests can be created immediately or saved as drafts in the outbox.
• The outbox serves as a holding area for draft payment requests before processing.
• A company typically has one outbox per user who pays bills; administrators have access to all outboxes.
• Vendor payment notifications can be automatically sent via email when payments post.

Prerequisites